Economy News

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Mohamed Bin Issa Al Jaber demands compensation from Lufthansa Group

Major investor Mohamed Bin Issa Al Jaber wins the lawsuit against Austrian Airlines and announces a claim for damages in…

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Hungary continues to rely on Russian gas

A spokesman for Hungarian Prime Minister Orban warned the EU against banning the supplementary agreement. Despite the Russian war of…

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Donald Trump’s fortune has apparently fallen by $700 million

Former US President Donald Trump’s fortune has apparently fallen by $700 million (about €639 million) since autumn 2022 and is…

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Beverage maker Pepsi is changing its logo

It is the first major brand relaunch in 14 years: the soft drink manufacturer Pepsico is changing its logo. As…

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Rome wants exceptions for biofuels

The government in Rome wants to untie the package again. How much pressure is the economy putting on? Every morning…

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First Citizens buys Silicon Valley Bank

The US bank First Citizens BancShares takes over large parts of the collapsed Silicon Valley Bank (SVB). The acquisition includes…

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Fear of recession and interest rates: oil prices plummet

Oil prices started the new trading week on Monday with significant discounts. In the morning, a barrel (159 liters) of…

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50 Billion Francs to Credit Suisse!

The Swiss bank Credit Suisse, which has come under pressure, has borrowed CHF 50 billion from the country’s national bank.…

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Credit Suisse triggers new earthquake

The papers of the crisis-plagued Credit Suisse have collapsed by almost 24 percent today. They fell to a record low…

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Bankruptcies: Biden Demands Stricter Rules

US President Joe Biden has called for tightening rules for US banks following the collapse of California’s Silicon Valley Bank…

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How dangerous is the SVB collapse?

It is the biggest bank collapse since the financial crisis of 2008: The Silicon Valley Bank (SVB) collapsed in the…

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Joe Biden wants to raise taxes on the rich

But he has little chance of surviving in the Republican-dominated Congress. The US government under President Joe Biden has presented…

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Germany: Coal share in electricity rises to one third

Coal was the most important source of energy for electricity production in Germany last year – and it has become…

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After years of the crisis: Lufthansa flies again profit

Lufthansa has made a clear profit again after two years of loss during the Corona crisis. The net profit was…

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BASF plans to cut 2,600 jobs

There are also cuts at the Ludwigshafen site. According to its own statements, the world’s largest chemical company BASF wants…

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